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Canadian Sports Betting Bill

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    There is a bill going through Canadian Parliament to allow single event sports betting. The first article suggests it could fully pass by spring 2021 (ie March - Jun 2021)

    https://www.canadiancasinos.ca/news/single-event-sports-betting-in-canada-could-launch-spring-2021/
    https://sbcamericas.com/2020/11/04/fresh-hope-for-single-event-sports-betting-in-canada-as-bill-c-218-launches/

    But Horse Industry isn't 100% for the bill as:

    "The issue is that the bill would allow non-racing betting companies to establish fixed-odds wagering on horse racing without the tracks getting a cut.

    Lawson said there is a simple solution — amend the bill.“What we would propose is that the same parties that hold pari-mutuel licenses in the country also hold fixed-odds wagering on horse racing. So, if you have a pari-mutuel license to wager on horse racing, then you’re the only party that can take fixed-odds wagering on horse racing,” he said.

    Failing that, mandating that non-racing gaming companies must partner with pari-mutuel licensees to offer fixed-odds wagering on horse racing would also be acceptable, Lawson said.“That’s more the route that they’ve taken in New Jersey. When we’ve spoken to the government about the New Jersey model they really haven’t taken it into consideration.”

    https://harnessracingupdate.com/2020/11/15/lawson-canadian-sports-betting-bill-will-destroy-this-industry/



    NB Betmakers has agreements with 3 Canadian Tracks.

 
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